Overview
Banao Technologies developed an AI-driven contract review platform designed to automate the tedious process of analyzing, extracting, and classifying legal clauses. The platform helps legal teams reduce manual effort, ensure compliance accuracy, and gain instant insights from complex documents.
Industry
LegalTechBusiness type
Enterprise Legal Solution
Services
AI & NLP Model Development | Web Application Development | Data Automation & Workflow Integration
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Impact After Launch
The AI-driven contract review solution transformed legal operations by cutting down review times drastically while enhancing accuracy. Teams could now review hundreds of contracts in minutes, enabling faster deal closures, reduced risks, and improved compliance management.
Key results achieved after deployment
0+
contracts analyzed automatically every month,
0+
hours of manual legal review time saved, and
0%
reduction in overall contract processing time.
Challenge
Legal departments were struggling with time-intensive contract analysis, inconsistent clause identification, and compliance risks. Manual review processes were slow, error-prone, and unable to scale with increasing document volumes.
Our Solution
Banao Technologies built an advanced AI contract review system powered by natural language processing (NLP) and machine learning. The platform automatically scans contracts, identifies key clauses, detects anomalies, and categorizes legal documents with high precision.
Features Implemented:
- AI-driven clause extraction and classification
- Automated compliance and anomaly detection
- Dynamic dashboards for document insights
- Custom workflow automation for approvals
Key Features Implemented
An intelligent legal automation system built to streamline contract management and ensure compliance through AI.
Automated Clause Extraction
AI models identify and extract critical clauses, obligations, and risks from lengthy contracts within seconds.
Smart Anomaly Detection
Detects missing or risky terms compared to standard templates, ensuring legal consistency and compliance.
Real-time Contract Dashboard
Gives lawyers and managers instant visibility into document status, risk scoring, and contract summaries.
Workflow Integration
Seamlessly integrates with existing contract management and document storage systems for end-to-end automation.
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Frequently Asked Questions
How does the AI model identify legal clauses?
It uses NLP-based semantic analysis to detect, label, and extract standard and non-standard clauses from contract text.
Can the system flag risky or missing clauses?
Yes, the system highlights risky terms and deviations from organization-specific clause libraries for faster legal review.
What accuracy levels does the AI achieve?
The model achieved around 94% accuracy in clause detection and 91% in anomaly identification after training on 50K+ documents.
Is the solution scalable for enterprise legal teams?
Absolutely. It supports multi-tenant architecture and can be integrated with ERP, CRM, or DMS systems for enterprise scalability.